Author Question: As the wage rate decreases, the amount of time spent on market work usually a. increases because ... (Read 135 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
As the wage rate decreases, the amount of time spent on market work usually
 a. increases because the opportunity cost of nonmarket work increases
  b. increases because of the substitution effect
  c. decreases because of the income effect
  d. decreases because the value of leisure time increases
  e. decreases because the opportunity cost of leisure declines

Question 2

Which of the following groups does not support the special interests of the elderly?
 a. the elderly themselves
  b. the relatives of the elderly
  c. the housing industry
  d. doctors and nursing home operators
  e. those under 65 who are concerned about their future benefits



AaaA

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

E

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

For a complete list of videos, visit our video library